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Feature on New Markets Venture Partners (Frank Bonsal III)

08/17/2012

3 Things We Learned From EverFi's Deal

EverFi’s recent funding from some of the biggest names in tech is a teachable moment for the rest of the community.

Lesson #1: DC tech companies can reach national prominence.

Lesson #2: West Coast investors don’t always make you move.

Lesson #3: If you want to be hot, start an ed tech company. A really good ed tech company.

New Markets Venture Partners general partner Frank Bonsal III says investors and technologists are taking a close look at ed tech. And the DC-Baltimore region is becoming a hot bed for these, with Blackboard leading the way when it launched in 1997. Frank’s Baltimore VC firm is partly focused on education deals and has several in its portfolio including Moodlerooms. Glen adds that others making noise are Thinkingstorm, Learn Zillion, and TalkChalk.